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Re: BasedOnFeels post# 44027

Friday, 01/17/2020 10:50:15 AM

Friday, January 17, 2020 10:50:15 AM

Post# of 50981
"someone always has to lose in order for someone to make money."
Not in legit stocks where the company actually produces something of value and doesn't simply use toxic debt to fund their salaries while diluting common shareholders to nothing as IHSI (and much of the OTC) has done.

Sure there are bad listed companies, but they're the exception, not the rule. It's exactly the opposite on the OTC pinks. The reason is pretty simple - companies with real value don't need to get pink sheet funding and toxic convertibles. They get angel/VC money until they can list on an actual exchange. And they can get loans from actual banks and other lenders that don't convert unlimited shares at a fraction of what retail buyers are paying for their shares.

winkwink

"There's a sucker born every minute, 2 to take him and 4 to lend him toxic debt" PT Barnum's investment advisor.

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